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of law is modeled predominantly by the economic efficiency concept. Considering the early stages of the concept …
Persistent link: https://www.econbiz.de/10010720515
efficiency of negligence rule. It so turns out that in providing correct incentives to the parties, part of accident loss, equal …
Persistent link: https://www.econbiz.de/10014164726
In this paper I attempt to reconstruct and scrutinize the long lasting debate on economic efficiency as a legal concern …, and to show that the prevailing idea of economic efficiency - which is exclusively referring to the contents of legal … considerations, I argue the case for a methodological shift of focus from the traditional marginal efficiency analysis of the legal …
Persistent link: https://www.econbiz.de/10013034228
of law is modeled predominantly by the economic efficiency concept. Considering the early stages of the concept …
Persistent link: https://www.econbiz.de/10013087536
Persistent link: https://www.econbiz.de/10013067191
The paper, by providing example of an efficient liability assignment rule under which liabilities of interacting parties for accidental losses is not always coupled, demonstrates that decoupling is not entirely inconsistent with efficient assignment of liabilities
Persistent link: https://www.econbiz.de/10012893880
been intrigued by the possibility that legal processes operate to promote economic efficiency. This essay probes the … problematical character of the efficiency claim. This appraisal operates by refracting the efficiency claim through Vilfredo Pareto … efficiency is an objectively meaningful concept only inside a model of competitive equilibrium. Outside that model, economic …
Persistent link: https://www.econbiz.de/10013012544
The paper, by providing example of an efficient liability assignment rule under which liabilities of interacting parties for accidental losses is not always coupled, demonstrates that decoupling is not inconsistent with efficient assignment of liabilities
Persistent link: https://www.econbiz.de/10012824017
Persistent link: https://www.econbiz.de/10013057687
It is claimed that many regulatory rules enforce inefficiencies in order to achieve the appearance of cost control. We assess the importance of these claims by measuring the effect of New York state's compulsory multiple contractor law on the cost of public construction in New York City....
Persistent link: https://www.econbiz.de/10014074617